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Mrs. Wong purchased a computer for $779when she started her own business. The valueof her computer depreciates at a rate of 22%per year. Predict the value of Mrs. Wong'scomputer 5 years after she started herbusiness.

Mrs Wong purchased a computer for 779when she started her own business The valueof her computer depreciates at a rate of 22per year Predict the value of Mrs Won class=

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The formula to work out depreciation is SV = IV (1 - r) ^n.

SV= the amount it falls to
IV= the initial value
r= depreciation rate per compounding period
n= number of compounding period

Now you just substitute into the equation and solve from there:
SV= $779 (1 - 0.22)^5

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